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VALUE OF FARMS IN ENGLAND

A Home paper of November 3rd oay I fnrras are sold nt the present time In al parts of the country al priced varying from £15 to £25 pec acre, Including hoaao and oustorrury buildings, asaumlnp; tho laud to be of fair average quality. Poor hanvy land furma, or others of an undesirable cbaraoteß, are worth a groat deal lees, and good grszlng land onnaidarably morj. The^Eatatea Gez^tte " reports tho B»le of tho Meopham Court Eotato, comprising 1350 aoreo, five mllea from Graveßend, with a railway station on tne property, Tho estate ooßt the vendors £80,000 and it has now been Bold, after various Improvements, Buoh as now oottacjoo, enlargements of the mansion, ond do?/ otnbliop, at a little loss than £40.000, or about £27 por acre, tho timber of 175 acro3 of woods being iDcluded, m tho sale, and the rental : of tho estate, estimating that of the mansion and tho shooting at £250, being £18Q0ayoir. Many other transactions , of tho name character might bo mentioned, but none of them are moro entirely typical of tho reduced valuo of tho lond tban thio examplo of a good estate m Kent, with a ' mansion, cottages, and aoven or eight good ! homesteads upon it, selling at £27 por . aero. In tho famous corn growing i country oE Kbbox, with its Bmnll nroa of grasß land, the reduction m tho valuo both of rents and foo simple has boon much greater because tho oggfl, bo to spoak, aro all m one buaket. Tho future of corn farms Booms far lesg Hocuro than that of mixed und pnntoral farms

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG18881221.2.26

Bibliographic details

VALUE OF FARMS IN ENGLAND, Ashburton Guardian, Volume VII, Issue 2019, 21 December 1888

Word Count
271

VALUE OF FARMS IN ENGLAND Ashburton Guardian, Volume VII, Issue 2019, 21 December 1888

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